Mosques In Perlis To Recite Special Prayer For Palestinians

KANGAR (Perlis, Malaysia) May 11 (NNN-Bernama) — The Perlis Islamic Religious and Malay Customs Council (MAIPs) has instructed all mosques statewide to recite Qunut Nazilah (a supplication for Allah’s protection from harm) during the Subuh (dawn) prayers Tuesday. Crown Prince of Perlis Tuanku Syed Faizuddin Putra Jamalullail, in a statement…

Movement Restriction MCO 3.0 Expected To Cost Malaysia RM300 Mln Daily — PIVB

KUALA LUMPUR, May 11 (NNN-Bernama) — The extension of the Movement Control Order (MCO 3.0) currently enforced in several areas to cover the whole country from May 12 to June 7 is expected to cost the country’s economy RM300 million daily. Public Investment Bank Bhd (PIVB) said MCO 1.0 (March…

Nationwide Movement Restriction From May 12-June 7 – Malaysian PM Muhyiddin

KUALA LUMPUR, May 10 (NNN-Bernama) — Malaysia will again implement the Movement Control Order (MCO) nationwide from Wednesday (May 12) to June 7 in an effort to curb the growing spread of COVID-19. Prime Minister Muhyiddin Yassin announced the enforcement of the MCO after a Special National Security Council (MKN)…

Malaysia To Temporarily Suspend RGL Travel Bubble With Singapore – Health DG

KUALA LUMPUR, May 10 (NNN-Bernama) — Malaysia today announced it will temporarily suspend on its side the Reciprocal Green Lane (RGL) travel bubble with Singapore beginning May 13. Director-General of Health Dr Noor Hisham Abdullah said the measure comes in the wake of Singapore having been listed as a country…

World Community Must Pressure Israel To Stop Violence In Jerusalem – Palestinian Ambassador

KUALA LUMPUR, May 10 (NNN-Bernama) — Palestinian Ambassador to Malaysia Walid Abu Ali has urged the international community to put pressure on Israel to end aggression against Palestinians in Jerusalem. He stressed that Israeli attacks on worshippers at Al-Aqsa Mosque and the forced evictions of Palestinians in the East Jerusalem…

BIMB Investments Declares 7.89 Pct Income Distribution For BIMB-Arabesque I Global Dividend Fund

KUALA LUMPUR, May 10 (NNN-Bernama) — BIMB Investment Management Bhd (BIMB Investment) has declared 7.89 per cent (Ringgit Class) income distribution yield for its its multi-currency global Shariah-ESG equity fund, the BIMB-Arabesque i Global Dividend Fund 1 (BiGDF1) for the financial year ended March 31, 2021. In a statement, BIMB…

Italy-Malaysia Trade Relations On Solid Ground, Says Ambassador

KUALA LUMPUR, May 10 (NNN-Bernama) — Italy’s Ambassador to Malaysia Cristiano Maggipinto is positive that bilateral trade between Italy and Malaysia will flourish this year despite the setbacks caused by the ongoing COVID-19 pandemic. He pointed out that in 2020, trade between the two countries recorded a contraction of only…

Construction Work Value Improves In Q1 2021- DOSM

KUALA LUMPUR, May 10 (NNN-Bernama) — Although the value of construction work done shrank 10.5 per cent year-on-year (y-o-y) to RM31.4 billion in the first quarter of 2021 (Q1 2021), this was an improvement from the y-o-y contraction of 14.2 per cent in Q4 2020, said the Department of Statistics…

Malaysia’s GDP Likely To Grow By 0.5 Pct In Q1 2021 – Moody’s Analytics

KUALA LUMPUR, May 10 (NNN-Bernama) — Malaysia’s gross domestic product (GDP) is likely to have grown by 0.5 per cent quarter-on-quarter in the first quarter of 2021 (Q1 2021), compared to the 0.3 per cent contraction seen in Q4 2020, said Moody’s Analytics. It said although Malaysia has contended with…

Foreign Investors On Selling Mode Last Week

KUALA LUMPUR, May 10 (NNN-Bernama) — Foreign investors were on selling mode on Bursa Malaysia last week, albeit at a slower pace of RM336.4 million net of local equities compared to the RM376.5 million in the preceding week, said Bank Islam Malaysia Bhd economist Adam Mohamed Rahim. He said the…